Joint Venture Capital

Standard Bridge Loan Criteria

Types of Loans: First Trust Deeds Only

Credit Types: Bad to Great fico scores.

Types of Properties: Non-Owner occupied residential, multi-family, mixed use, retail, office, industrial, vacant buildings, entitled land, apartment buildings, construction, gas stations, c-stores, warehouse, assisted living facilities etc..

Location: Nationwide (*some restrictions may apply).

Loan Amounts: $75,000 to $100,000,000 +

Interest Rates: 8.74% – 14.00%+ interest only (*varies depending on geographic area and risk grade of asset class)

Origination Fee: Varies depending on length of term and risk grade

Loan Maturities: 12 – 36 months (*bridge loan only), no pre-payment penalty. Extensions available* Longer terms available under different programs. *Subject to approval.

Loan to Value: Up to 65% LTV depending on property type. Up to 85% LTV under different programs if qualified.

3rd Party Junior Financing: Permitted or seller-held seconds, case by case.

Closing costs: Standard 3rd party costs, such as appraisal, title, escrow, legal fees, and applications fee(s) any and all points etc.

No income verification for those who qualify. *Certain restrictions apply.

*JVC offers a multitude of other programs besides just Bridge Loans. See menu offerings for details or call the office today to discuss.